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ALGER, MI 48610

Real Estate Market Report  ·  Gladwin County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The ALGER, MI real estate market (48610) currently shows 16 active listings, with 5 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 39 days on market compared to 44 days last year.

The median listing price has risen 13.9% year-over-year, from $217,225 to $247,400.

Whether you are buying or selling in ALGER, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,270  ·  Density: 10.0/mi²  ·  Median household income: $51,331

Typical home value: $116,404  ·  Homeownership: 90.7%

Market Overview

Active Listings
16
vs 16 last year
Pending
5
31% pending ratio
Median Price
$247,400
⇧ 13.9% vs $217,225 last year
Average Price
$291,493
⇩ 43.5% vs $516,332 last year
Days on Market
39
⇩ 11.4% vs 44 days last year

Price Per Square Foot

Median $/sqft
$199
⇧ 19.2% vs $167/sqft last year
Median Home Size
1,293 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 39 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $247,400 (+13.9% YoY)
  • Average: $291,493 (-43.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.2 miles — 206 listings ($58,513,292 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48610Alger, MI 486100.0 mi14$3,452,022$236,185$246,573
48756Prescott, MI 4875612.5 mi18$3,000,420$163,650$166,690
48661West Branch, MI 4866114.3 mi34$9,070,860$236,175$266,790
48749Omer, MI 4874915.2 mi2$679,750$339,875$339,875
48766Twining, MI 4876616.5 mi8$2,250,400$249,500$281,300
48770Whittemore, MI 4877019.7 mi2$490,000$245,000$245,000
48635Lupton, MI 4863520.6 mi5$1,823,500$425,000$364,700
48612Beaverton, MI 4861221.4 mi39$10,804,989$226,000$277,051
48765Turner, MI 4876522.9 mi4$771,600$192,900$192,900
48739Hale, MI 4873924.3 mi22$6,005,582$239,925$272,981
48703Au Gres, MI 4870325.7 mi31$12,811,370$279,500$413,270
48634Linwood, MI 4863426.6 mi6$1,378,950$227,475$229,825
48763Tawas City, MI 4876329.2 mi21$5,973,849$257,425$284,469

Frequently Asked Questions

How many homes are for sale in ALGER, MI 48610?

As of April 2026, there are 16 active listings in ALGER, MI (zip code 48610), compared to 16 the prior year.

What is the median home price in ALGER, MI 48610?

The median listing price in ALGER, MI 48610 is $247,400 as of April 2026, a 13.9% increase from $217,225 the prior year.

How long do homes stay on the market in ALGER, MI?

Homes in ALGER, MI 48610 spend an average of 39 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in ALGER, MI 48610?

Based on current inventory and days-on-market data as of April 2026, ALGER, MI 48610 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 39 days on market compared to 44 days last year.

How much can I save on real estate commission in ALGER, MI?

With SELL123.com's maximum 3% commission, sellers in ALGER, MI 48610 save an estimated $4,948 compared to a typical 5% commission on the median listing price of $247,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.